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GOLD Is the One Safe and Remunerative Investment of To-day Wethersfones Gold Mining Company LIMITED. (A Company to be incorporated under the provisions of the Companies’ Act, 1908) CAPITALS £65,000. Divided into 260,000 shares of 5/- each. 168,000 shares are now offered for subscription at 1/- on application, 1/■ on allotment, and the balance of 3/- is subject to calls not exceeding 1/- per share at intervals of not less than one month between each call. DIRECTORS: JOHN LOUDON, of Dunedin, Merchant, Chairman Otago Harbour Board. JAMES FLETCHER, of the Fletcher Construction Company Limited, Auckland. JOHN R. TEMPLIN, Eel. A.LE.E., A.M.1.E.E., Consulting Electrical Engineer, Christchurch. On completion of the purchase contract JAMES KERR SIMPSON, Oentleipan, Lawrence (Mayor of Lawrence), WILLIAM ROGER SMYTH, Mine Manager, Lawrence, JAMES ROBERT SMYTH, Retired, Lawrence, will be added to Directorate. Industrials, Banking, Base Metals, etc., have all fallen in value, and returns diminished, while gold mining shares continue to soar in profits and value. An investment such as the Wetherstones Gold Mining Company Limited is seldom offered. INVESTIGATED BY INDUSTRIES LIMITED. To insure the safety of the investing public, Industries Limited have expended over £BOOO in their investigations. They have proved that Wetherstones is the best mining area in this country to-day. Oyer 106,000,000 cubic yards of gold-bearing deposits of potential value, of which 100,000,000 cubic yards immediately overlying the schist rock, known to be high grade, are awaiting development. VALUES AND PROFITS. A conservative estimate, based on tunnel working, places the value of gold per square yard of floor 1 yard high at 16.8 shillings (at £4 per oz). me plant, capable of working 1500 square yards of dooi per week, should show a minimum weekly profit cf £375 or, taking 48 working weeks per year, an annual profit of £l 8,000. Investors are confidently advised to procure a copy cf the prospectus without delay. Application for shares will be strictly in order of priority. Prospectus and full particulars can be obtained from any member of the Stock Exchange, or from: i THE ORGANISER, P.O. BOX 713, DUNEDIN, THE ORGANISER, P.O. BOX 929, AUCKLAND. Or, H. Z. CHAPMAN, JMelson District Representative, Royal Hotel, Nelson. Telephone 302. APi Investment of Confidence , Promise and Opportunity.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NEM19320813.2.32.6

Bibliographic details

Nelson Evening Mail, Volume LXVI, 13 August 1932, Page 5

Word Count
369

Page 5 Advertisements Column 6 Nelson Evening Mail, Volume LXVI, 13 August 1932, Page 5

Page 5 Advertisements Column 6 Nelson Evening Mail, Volume LXVI, 13 August 1932, Page 5

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